LAWSUITS NEWS & LEGAL INFORMATION
Settlement Will Fund Clean-up of Toxic Sites in Washington State
This is a settlement for the Asbestos Mesothelioma lawsuit.
Asarco, a century old mining company that filed for bankruptcy in a Texas court in July, has announced that it plans to pay off its major creditors and settle approximately $9 billion in environmental and asbestos-related claims.
The settlement would mean that Washington State will receive $200 million to clean up toxic contaminated resulting from its facilities in Ruston, Pierce, King and Thurston Counties, and B&L Woodwaste in Milton.
Washington State had originally filed claims totalling $600 million with the bankruptcy court, including $300 million to clean up the Ruston smelter.
Published on Aug-25-08
The settlement would mean that Washington State will receive $200 million to clean up toxic contaminated resulting from its facilities in Ruston, Pierce, King and Thurston Counties, and B&L Woodwaste in Milton.
Washington State had originally filed claims totalling $600 million with the bankruptcy court, including $300 million to clean up the Ruston smelter.
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